Level 10
12-07-2019
11:49 AM
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Open the Partnership that is the owner. Then look on Forms bar and choose (usually under Common Forms) "K-1 Partner". (not Sch K-1 Wks). When you click on K-1 Partner, you will be asked to choose a Partnership you already have, or set up this new one you are referring to. Set it up (FEIN, Name, Etc), and then just enter on the appropriate lines exactly what is on the K-1 you received from that partnership. Of course this applies if you didn't prepare both Partnerships. If you did...see my post below.
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